Multifamily
6121 Woodman Ave
6121 Woodman Ave, Los Angeles, CA 91401
Listing Price: $9,950,000
Investment Overview
Marcus and Millichap is pleased to present the opportunity to acquire 6121 Woodman Ave, a 45-unit investment opportunity located in Van Nuys, CA 91401.
6121 Woodman Ave
Investment Highlights
- A balanced composition of Studio, One-Bedroom, and Two-Bedroom units caters to a broad tenant base, appealing to both professionals and families seeking quality housing in the San Fernando Valley.
- In-place rents provide approximately 37% potential upside, allowing investors to capture substantial income growth through unit turnover, renovations, and repositioning strategies.
- Residents benefit from on-site parking, laundry facilities, and a swimming pool, enhancing tenant satisfaction, improving retention, and ensuring long-term competitiveness in the submarket.
- Located in Van Nuys, the property is east of the 405 Freeway, north of the 101 Freeway, and west of the 170 Freeway, offering excellent regional access to major employment, education, and entertainment hubs across Los Angeles.
Exclusively Listed By
Listing Price: $9,950,000
Investment Highlights
- A balanced composition of Studio, One-Bedroom, and Two-Bedroom units caters to a broad tenant base, appealing to both professionals and families seeking quality housing in the San Fernando Valley.
- In-place rents provide approximately 37% potential upside, allowing investors to capture substantial income growth through unit turnover, renovations, and repositioning strategies.
- Residents benefit from on-site parking, laundry facilities, and a swimming pool, enhancing tenant satisfaction, improving retention, and ensuring long-term competitiveness in the submarket.
- Located in Van Nuys, the property is east of the 405 Freeway, north of the 101 Freeway, and west of the 170 Freeway, offering excellent regional access to major employment, education, and entertainment hubs across Los Angeles.
Investment Overview
Marcus and Millichap is pleased to present the opportunity to acquire 6121 Woodman Ave, a 45-unit investment opportunity located in Van Nuys, CA 91401.
Exclusively Listed By
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